Inomin Mines (CVE:MINE) Trading 42.9% Higher – Here’s What Happened

Inomin Mines Inc. (CVE:MINEGet Free Report) shares rose 42.9% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 381,700 shares were traded during trading, an increase of 309% from the average daily volume of 93,246 shares. The stock had previously closed at C$0.07.

Inomin Mines Stock Performance

The stock has a market capitalization of C$4.41 million, a PE ratio of -9.00 and a beta of 5.07. The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.04.

About Inomin Mines

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Inomin Mines Inc, an exploration stage company, engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada and Mexico. It explores for magnesium, nickel, gold, silver, copper, chromium, cobalt, and zinc deposits. The company was formerly known as Inovent Capital Inc Inomin Mines Inc was incorporated in 2012 and is based in Vancouver, Canada.

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